News and Information from Bond Buyer

The Puerto Rico Oversight Board approved a negotiated plan for restructuring the GDB’s $4.8 billion in debt.

Municipal bond traders are returning to work on Monday set for the week’s $7.66 billion new issue calendar. The slate is composed of $3.99 billion of negotiated deals and $3.67 billion of competitive sales.

The Empire State Manufacturing Survey showed "business activity grew modestly in New York State," the Federal Reserve Bank of New York reported Monday.

MSRB urges MAs to weigh whether they have duties to both issuers and borrowers in conduit deals.

GASB seeks comments through Sept. 15.

One CEO raised some concerns about electronic trading that he said regulators should consider.

The primary municipal bond market will keep chugging along next week, with participants set to see more action than they did in a fast and furious past week.

New York's redesigned Open Data Portal is getting 50,000 new users a month.

The tax revenue could also be used to make up shortfalls in pension or bond payments.

Pension funding woes drove the downgrade and continued negative outlook.

New grant programs eliminate the need for TIGER program, Transportation Secretary Elaine Chao said.

The campaign finance board cited the straw-voter scandal that emerged during his 2013 run.

Slow removal of monetary policy accommodation will help raise inflation to 2%, according to Federal Reserve Bank of Chicago President Charles Evans.

Rafshoon will work in Hunton & Williams’ public-private partnership practice.

Alaska, unable to agree on budget stability, is blowing through its reserves.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who were looking ahead to next week’s new issue calendar. which Ipreo estimates at $7.66 billion.

The MTA's new capital plan will include nearly $2 billion for the project to add capacity on the LIRR Main Line.

The University of Michigan's preliminary July consumer sentiment index reading was 93.1, compared to the final June 95.1, and the preliminary June 94.5, according to market sources.

Municipal bond traders are waiting to see how much volume the market will encounter next week as they eye volatile muni yields.